You have a project with the following information: 1. Calculate each activitys expected duration (TE) and variance.
Question:
1. Calculate each activitys expected duration (TE) and variance. Which activities have the greatest variance?
2. Create a network for this project. What is the expected duration?
3. What is the expected duration if we require a probability of 90% that the project will be completed on time?
Transcribed Image Text:
Time Estimates (week) Immediate Predecessor(s) Activity Optimistic Most Likely Pessimistic 4 1 3 3 13 14 A 3 6. 12 A, C 16 1 D, E, F CO
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1 Expected time for activity A Variance for activity A All other activity expected times and v...View the full answer
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Related Book For
Operations Management Managing Global Supply Chains
ISBN: 978-1506302935
1st edition
Authors: Ray R. Venkataraman, Jeffrey K. Pinto
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